Unless Numsa are numbskulls, they know full well SAA is going to crash
FREE TO READ | Even ANC has realised the airline is in its death spiral. It’s just a matter of how long it’ll take
SA’s parliament has warned striking airline workers not to destroy their jobs, presumably because destroying jobs is parliament’s job.
At the timing of writing on Tuesday, the strike by SA Airways unions was going ahead although the prospect of a full shutdown was dwindling. This will be a relief to the airline: a grounded SAA would have lost R50m a day, a substantially higher figure than the R6m it has lost every day for the last 25 years.
The warning from parliament was stern but surprising. It remains unclear why the ruling party had decided not to give SAA another “bailout” (a technical term referring to dousing a mountain of cash with petrol and setting it on fire) to go with the R57bn already set on fire since 1994. After all, the country lost well over R100m every day during the decade of Zupta state capture, and I don’t recall any thrifty warnings from parliament back then...